Latest News

NewsShikema Dey -

Guyana “may have” already surpassed first billion barrels of oil produced – Routledge

Guyana may have already produced more than one billion barrels of oil since offshore production began in December 2019, ExxonMobil Guyana President Alistair Routledge...
NewsTrichell Sobers -

Guyana and Suriname: Two paths from offshore discovery to first oil

Two major offshore oil stories have unfolded on opposite sides of the Guyana-Suriname Basin, but the distance between discovery and production has been very...
NewsOilNOW -

Young Guyanese can access up to GY$500,000 through GYSBI’s technical scholarships

Guyana Shore Base Inc. (GYSBI) has launched its 2026 Technical Scholarship program, offering young Guyanese up to GY$500,000 (approx. US$2,400) per academic year to...
NewsOilNOW -

Trinidad and Tobago’s oil output edges higher as decline shows signs of easing

Trinidad and Tobago’s oil production is showing early signs of improvement after years of decline, with crude and condensate output averaging 54,209 barrels per...
NewsTrichell Sobers -

One year of Yellowtail: The development that pushed Guyana’s oil output above 900,000 b/d

A year ago, the ONE GUYANA floating production, storage and offloading (FPSO) vessel achieved first oil, bringing the Yellowtail development into production and adding...
- ADVERTISEMENT -

Trending | Suriname

Latest News

NewsShikema Dey -

Guyana “may have” already surpassed first billion barrels of oil produced – Routledge

Guyana may have already produced more than one billion barrels of oil since offshore production began in December 2019, ExxonMobil Guyana President Alistair Routledge...
NewsTrichell Sobers -

Guyana and Suriname: Two paths from offshore discovery to first oil

Two major offshore oil stories have unfolded on opposite sides of the Guyana-Suriname Basin, but the distance between discovery and production has been very...
NewsOilNOW -

Young Guyanese can access up to GY$500,000 through GYSBI’s technical scholarships

Guyana Shore Base Inc. (GYSBI) has launched its 2026 Technical Scholarship program, offering young Guyanese up to GY$500,000 (approx. US$2,400) per academic year to...
NewsOilNOW -

Trinidad and Tobago’s oil output edges higher as decline shows signs of easing

Trinidad and Tobago’s oil production is showing early signs of improvement after years of decline, with crude and condensate output averaging 54,209 barrels per...
NewsTrichell Sobers -

One year of Yellowtail: The development that pushed Guyana’s oil output above 900,000 b/d

A year ago, the ONE GUYANA floating production, storage and offloading (FPSO) vessel achieved first oil, bringing the Yellowtail development into production and adding...

Local Content

NewsValerie Fris -

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating...

Latest News | Suriname

NewsTrichell Sobers -

Guyana and Suriname: Two paths from offshore discovery to first oil

Two major offshore oil stories have unfolded on opposite sides of the Guyana-Suriname Basin, but the distance between discovery and production has been very...
News

SBM Offshore advances low-carbon technology across FPSO portfolio

OilNOW -
SBM Offshore is advancing a portfolio of technologies and operational initiatives aimed at reducing emissions, improving energy efficiency and...
News

First drilling equipment departs for Suriname’s GranMorgu project

OilNOW -
TechnipFMC has reported further progress on Suriname’s GranMorgu offshore oil project following the delivery of critical subsea equipment. The company...
News

Curaçao positioning itself as a logistics hub for Guyana, Suriname oil sectors

OilNOW -
Curaçao is seeking to expand its role in the regional energy sector by positioning itself as a logistics and...
News

Guyana, Suriname gas resources raise energy export prospects, Wood Mackenzie says

OilNOW -
Guyana and Suriname’s natural gas resources could support future energy exports as offshore development continues, according to Wood Mackenzie. In...
- ADVERTISEMENT -

Exploration

ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
Exploration

Noble Developer to drill three wells offshore Suriname

OilNOW -
Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
- ADVERTISEMENT -

Production

NewsOilNOW -

Guyana, Suriname can meet 11% of mid-2030s LNG supply gap – WoodMac

Energy data analytics provider Wood Mackenzie said Guyana and Suriname can supply up to 12 million metric tonnes per annum (MMTPA) of liquefied natural...
News

SBM Offshore’s Fast4Ward hull reserved by TotalEnergies for Suriname’s first oil development

OilNOW -
TotalEnergies has reserved SBM Offshore's Fast4Ward® hull for its first development offshore Suriname. SBM Offshore made the announcement on Thursday. "SBM...
News

Trinidad hopeful existing gas infrastructure gives it edge over rising stars Guyana and Suriname

Kemol King -
Trinidad and Tobago's Minister of Energy and Energy Industries, Stuart Young, said the country is advantaged in terms of...
- ADVERTISEMENT -

Discoveries

DiscoveriesOilNOW -

Petronas makes another discovery in gas-rich Block 52

President of Suriname, Jennifer Geerlings Simons moments ago said Petronas informed her just this morning that it made another discovery at Block 52. Simons made...
Discoveries

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

OilNOW -
Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
- ADVERTISEMENT -

Sponsored Content

NewsOilNOW -

Invest in the Staatsolie-Bonds 2025-2033. Here’s how 

Staatsolie Maatschappij Suriname N.V. has issued new bonds aimed at raising at least US$250 million and €50 million to fund its involvement in the...

Opinions

Rules of the Game

Rules of the GameOilNOW -

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...